Word: rateness
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Dates: during 1980-1989
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While wages have increased at an annual rate of 3.3% since 1983, corporations have seen their health-care premiums jump 10% to 15% annually, to a current average of some $3,100 a worker. Economists expect that total U.S. health-care spending will exceed $600 billion this year, nearly 12% of the U.S. gross national product, up from...
...people to meet and, with luck, fall in love. Once that bond is made, the visitors discover there is a larger mission at hand, a crusade to join. Between the birth of Christ and the Pilgrims' landing, perhaps several species a year became extinct. By the 1990s the extinction rate may reach several species an hour, around the clock. American zoos are leading the battle to stop that clock and recruit others to the preservationist's cause. "We don't just want you to come here," says David Anderson of the New Orleans Audubon Park. "We're trying...
...matter in Washington. During the first few years of a lower tax, investors would rush to realize the appreciation on their stocks and other assets and thus pay taxes on them earlier than planned. Once this spurt of early tax collections was exhausted, however, a lower capital-gains rate would produce much lower revenues...
...Administration plan would cut capital-gains taxes to 15% but would also phase in a rule requiring investors to hold an asset for three years in order to qualify for this rate. The House measure, proposed by Georgia Democrat Ed Jenkins, would cut capital-gains taxes to 20% on investments held at least a year. But the cut would be short-lived; in two years the rate would return to 28% with indexing for inflation. Investors would be sure to roll over their assets and produce a quick windfall for the Treasury -- at the expense of future tax collections. House...
...Impose a security-transactions tax on each sale of a stock or bond to further encourage longer-term investment over churning. At the 0.5% rate charged by Britain and Japan, such a tax would raise $10 billion a year for the Treasury...